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This is known as "going private". https://www.investopedia.com/terms/g/going-private.asp https://www.investopedia.com/terms/g/going-private.asp One example is
by Jabbles 7y ago
This is known as "going private".
https://www.investopedia.com/terms/g/going-private.asp https://www.investopedia.com/terms/g/going-private.asp
One example is Dell:
https://en.wikipedia.org/wiki/Dell#2013_buyout https://en.wikipedia.org/wiki/Dell#2013_buyout
Also see Elon Musk's infamous tweet about Tesla:
https://en.wikipedia.org/wiki/Tesla,_Inc.#Securities_Litigation_related_to_Potential_Going_Private_Transaction https://en.wikipedia.org/wiki/Tesla,_Inc.#Securities_Litigat...
- criddell 7y agoSo a company that has gone private isn't owned by another entity? There are no external stakeholders?
- kgwgk 7y agoSilver Lake (a private equity firm) took Dell private in 2013. Interestingly, the company didn’t use buybacks to become private but it did use buybacks to become public again last year [1]. It was done by buying back some piece of its business that remained traded in the stock exchange following the acquisition of EMC when Dell was private [2]. [1] https://www.techspot.com/news/77848-dell-about-go-public-second-time.html https://www.techspot.com/news/77848-dell-about-go-public-sec... [2] https://www.bloomberg.com/opinion/articles/2015-10-13/dell-will-issue-a-lot-of-not-quite-stock-to-pay-for-emc https://www.bloomberg.com/opinion/articles/2015-10-13/dell-w...